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Global Wood Coatings Market 2024-2032

Publisher Triton Market Research
Published Apr 27, 2024
Length 195 Pages
SKU # TRTN18740294

Description

Global Wood Coatings Market 2024-2032



Market Outlook

Triton’s estimates infer the global wood coatings market to witness revenue growth at a CAGR of 4.02% during the forecast period 2024-2032.

Factors such as increasing demand from the building and construction sector, rise in spending, and demand for eco-friendly products widen the scope and growth of the wood coatings market. Additionally, tailored solutions for flooring and furniture, the emergence of smart coatings, and improved performance via nanotechnology create lucrative opportunities for the studied market.

However, the market faces key challenges, such as variable raw material costs, limits on certain chemicals, and competition from composite materials.

REGIONAL OUTLOOK

The global wood coatings market covers the Middle East and Africa, Asia-Pacific, Latin America, North America, and Europe regions.

The Asia-Pacific is expected to emerge as the fastest-growing region in the wood coatings market. The market in the region is set for significant growth in the coming years, driven by the region’s robust economic expansion and large-scale construction endeavors. This surge is further fueled by companies relocating their manufacturing operations to capitalize on the region’s attractive market conditions, including abundant, low-cost labor, escalating consumer needs, and supportive governmental regulations.

Competitive Outlook

The companies in the wood coatings market are Nippon Paint Holdings Co Ltd, Asian Paints, RPM International Inc, PPG Industries Inc, Diamond Paints, The Sherwin-Williams Company, Axalta Coating Systems LLC, BASF SE, Kansai Helios, and Akzo Nobel NV.

BASF SE, one of the global chemical giants, boasts a diverse product range encompassing chemicals, performance products, functional materials and solutions, agricultural solutions, and oils and gas. Operating across Europe, the Americas, Asia-Pacific, Africa, and the Middle East, its headquarters is located in Ludwigshafen, Germany.

Table of Contents

195 Pages
1. Global Wood Coatings Market – Summary
2. Industry Outlook
2.1. Porter’s Five Forces Analysis
2.1.1. Threat Of New Entrants
2.1.2. Threat Of Substitutes
2.1.3. Bargaining Power Of Buyers
2.1.4. Bargaining Power Of Suppliers
2.1.5. Threat Of Competitive Rivalry
2.2. Market Maturity Analysis
2.3. Supply Chain Analysis
2.3.1. Raw Material Sourcing And Processing
2.3.2. Product Innovation And Technology Development
2.3.3. Supply Chain Management And Market Distribution
2.3.4. Customer Support And Maintenance Services
2.4. Regulatory Framework
2.5. Key Buying Impact Analysis
2.5.1. Coating Performance And Wood Compatibility
2.5.2. Cost-effectiveness And Value Alignment For Wood Surface Applications
2.5.3. Reliability And Longevity Of Coatings On Wood Surfaces
2.5.4. Supplier Track Record And Wood Coating Expertise
2.6. Key Market Strategies
2.6.1. Collaborations
2.6.2. Product Launches
2.6.3. Acquisitions
2.6.4. Business Divestitures & Expansions
2.7. Market Drivers
2.7.1. Increasing Demand From The Building And Construction Sector
2.7.2. Uptick In Spending On Home Enhancements Due To Rise In Income
2.7.3. Rising Demand For Eco-friendly Products Sourced From Renewables
2.8. Market Challenges
2.8.1. Variable Raw Material Costs Impact Production Expenses
2.8.2. Environmental Regulations Limit Specific Chemicals
2.8.3. Competition From Composite Materials And Plastics
2.9. Market Opportunities
2.9.1. Tailored Solutions For Applications Such As Flooring And Furniture
2.9.2. Emergence Of Smart Coatings With Self-healing And Antimicrobial Properties
2.9.3. Improved Coating Performance Through Nanotechnology
2.10. Analyst Perspective
3. Global Wood Coatings Market – By Resin Type
3.1. Nitrocellulose
3.2. Polyurethane
3.3. Acrylic
3.4. Other Resin Types
4. Global Wood Coatings Market – By Technology
4.1. Powder Coatings
4.2. Water-borne
4.3. Uv-cured
4.4. Solvent-borne
5. Global Wood Coatings Market – By Application
5.1. Furniture And Fixture
5.2. Cabinet
5.3. Flooring
5.4. Doors And Window
5.5. Deck
6. Global Wood Coatings Market – By Regional Outlook
6.1. North America
6.1.1. Market By Resin Type
6.1.2. Market By Technology
6.1.3. Market By Application
6.1.4. Country Analysis
6.1.4.1. United States
6.1.4.1.1. United States Wood Coatings Market Forecast & Prospects
6.1.4.2. Canada
6.1.4.2.1. Canada Wood Coatings Market Forecast & Prospects
6.2. Europe
6.2.1. Market By Resin Type
6.2.2. Market By Technology
6.2.3. Market By Application
6.2.4. Country Analysis
6.2.4.1. United Kingdom
6.2.4.1.1. United Kingdom Wood Coatings Market Forecast & Prospects
6.2.4.2. Germany
6.2.4.2.1. Germany Wood Coatings Market Forecast & Prospects
6.2.4.3. France
6.2.4.3.1. France Wood Coatings Market Forecast & Prospects
6.2.4.4. Spain
6.2.4.4.1. Spain Wood Coatings Market Forecast & Prospects
6.2.4.5. Italy
6.2.4.5.1. Italy Wood Coatings Market Forecast & Prospects
6.2.4.6. Poland
6.2.4.6.1. Poland Wood Coatings Market Forecast & Prospects
6.2.4.7. Rest Of Europe
6.2.4.7.1. Rest Of Europe Wood Coatings Market Forecast & Prospects
6.3. Asia-pacific
6.3.1. Market By Resin Type
6.3.2. Market By Technology
6.3.3. Market By Application
6.3.4. Country Analysis
6.3.4.1. China
6.3.4.1.1. China Wood Coatings Market Forecast & Prospects
6.3.4.2. Japan
6.3.4.2.1. Japan Wood Coatings Market Forecast & Prospects
6.3.4.3. India
6.3.4.3.1. India Wood Coatings Market Forecast & Prospects
6.3.4.4. South Korea
6.3.4.4.1. South Korea Wood Coatings Market Forecast & Prospects
6.3.4.5. Asean Countries
6.3.4.5.1. Asean Countries Wood Coatings Market Forecast & Prospects
6.3.4.6. Australia & New Zealand
6.3.4.6.1. Australia & New Zealand Wood Coatings Market Forecast & Prospects
6.3.4.7. Rest Of Asia-pacific
6.3.4.7.1. Rest Of Asia-pacific Wood Coatings Market Forecast & Prospects
6.4. Latin America
6.4.1. Market By Resin Type
6.4.2. Market By Technology
6.4.3. Market By Application
6.4.4. Country Analysis
6.4.4.1. Brazil
6.4.4.1.1. Brazil Wood Coatings Market Forecast & Prospects
6.4.4.2. Mexico
6.4.4.2.1. Mexico Wood Coatings Market Forecast & Prospects
6.4.4.3. Rest Of Latin America
6.4.4.3.1. Rest Of Latin America Wood Coatings Market Forecast & Prospects
6.5. Middle East And Africa
6.5.1. Market By Resin Type
6.5.2. Market By Technology
6.5.3. Market By Application
6.5.4. Country Analysis
6.5.4.1. United Arab Emirates
6.5.4.1.1. United Arab Emirates Wood Coatings Market Forecast & Prospects
6.5.4.2. Saudi Arabia
6.5.4.2.1. Saudi Arabia Wood Coatings Market Forecast & Prospects
6.5.4.3. Israel
6.5.4.3.1. Israel Wood Coatings Market Forecast & Prospects
6.5.4.4. South Africa
6.5.4.4.1. South Africa Wood Coatings Market Forecast & Prospects
6.5.4.5. Rest Of Middle East & Africa
6.5.4.5.1. Rest Of Middle East & Africa Wood Coatings Market Forecast & Prospects
7. Competitive Landscape
7.1. Ppg Industries Inc
7.1.1. Overview
7.1.2. Product Portfolio
7.1.3. Key Strength
7.1.4. Key Challenge
7.2. Nippon Paint Holdings Co Ltd
7.2.1. Overview
7.2.2. Product Portfolio
7.2.3. Key Strengths
7.2.4. Key Challenge
7.3. Asian Paints
7.3.1. Overview
7.3.2. Product Portfolio
7.3.3. Key Strength
7.3.4. Key Challenge
7.4. The Sherwin-williams Company
7.4.1. Overview
7.4.2. Product Portfolio
7.4.3. Key Strengths
7.4.4. Key Challenge
7.5. Rpm International Inc
7.5.1. Overview
7.5.2. Product Portfolio
7.5.3. Key Strengths
7.5.4. Key Challenges
7.6. Diamond Paints
7.6.1. Overview
7.6.2. Product Portfolio
7.6.3. Key Strengths
7.6.4. Key Challenge
7.7. Axalta Coating Systems Llc
7.7.1. Overview
7.7.2. Product Portfolio
7.7.3. Key Strengths
7.7.4. Key Challenge
7.8. Basf Se
7.8.1. Overview
7.8.2. Product Portfolio
7.8.3. Key Strengths
7.8.4. Key Challenges
7.9. Kansai Helios
7.9.1. Overview
7.9.2. Product Portfolio
7.9.3. Key Strengths
7.9.4. Key Challenges
7.10. Akzo Nobel Nv
7.10.1. Overview
7.10.2. Product Portfolio
7.10.3. Key Strengths
7.10.4. Key Challenges
8. Research Methodology & Scope
8.1. Research Scope & Deliverables
8.2. Sources Of Data
8.3. Research Methodology
List Of Tables
Table 1: Global Wood Coatings Market, By Regional Outlook, Historical Years, 2020-2023 (In $ Million)
Table 2: Global Wood Coatings Market, By Regional Outlook, Forecast Years, 2024-2032 (In $ Million)
Table 3: Regulatory Framework
Table 4: List Of Collaborations
Table 5: List Of Product Launches
Table 6: List Of Acquisitions
Table 7: List Of Business Divestitures & Expansions
Table 8: Global Wood Coatings Market, By Resin Type, 2024-2032 (In $ Million)
Table 9: Global Wood Coatings Market, By Technology, 2024-2032 (In $ Million)
Table 10: Global Wood Coatings Market, By Application, 2024-2032 (In $ Million)
Table 11: Global Wood Coatings Market, By Regional Outlook, Historical Years, 2020-2023 (In $ Million)
Table 12: Global Wood Coatings Market, By Regional Outlook, Forecast Years, 2024-2032 (In $ Million)
Table 13: North America Wood Coatings Market, By Country Outlook, 2024-2032 (In $ Million)
Table 14: North America Wood Coatings Market, By Resin Type, 2024-2032 (In $ Million)
Table 15: North America Wood Coatings Market, By Technology, 2024-2032 (In $ Million)
Table 16: North America Wood Coatings Market, By Application, 2024-2032 (In $ Million)
Table 17: Europe Wood Coatings Market, By Country Outlook, 2024-2032 (In $ Million)
Table 18: Europe Wood Coatings Market, By Resin Type, 2024-2032 (In $ Million)
Table 19: Europe Wood Coatings Market, By Technology, 2024-2032 (In $ Million)
Table 20: Europe Wood Coatings Market, By Application, 2024-2032 (In $ Million)
Table 21: Asia-pacific Wood Coatings Market, By Country Outlook, 2024-2032 (In $ Million)
Table 22: Asia-pacific Wood Coatings Market, By Resin Type, 2024-2032 (In $ Million)
Table 23: Asia-pacific Wood Coatings Market, By Technology, 2024-2032 (In $ Million)
Table 24: Asia-pacific Wood Coatings Market, By Application, 2024-2032 (In $ Million)
Table 25: Latin America Wood Coatings Market, By Country Outlook, 2024-2032 (In $ Million)
Table 26: Latin America Wood Coatings Market, By Resin Type, 2024-2032 (In $ Million)
Table 27: Latin America Wood Coatings Market, By Technology, 2024-2032 (In $ Million)
Table 28: Latin America Wood Coatings Market, By Application, 2024-2032 (In $ Million)
Table 29: Middle East And Africa Wood Coatings Market, By Country Outlook, 2024-2032 (In $ Million)
Table 30: Middle East And Africa Wood Coatings Market, By Resin Type, 2024-2032 (In $ Million)
Table 31: Middle East And Africa Wood Coatings Market, By Technology, 2024-2032 (In $ Million)
Table 32: Middle East And Africa Wood Coatings Market, By Application, 2024-2032 (In $ Million)
List Of Figures
Figure 1: Market Maturity Analysis
Figure 2: Supply Chain Analysis
Figure 3: Key Buying Impact Analysis
Figure 4: Global Wood Coatings Market, By Resin Type, 2023 & 2032 (In %)
Figure 5: Global Wood Coatings Market, By Nitrocellulose, 2024-2032 (In $ Million)
Figure 6: Global Wood Coatings Market, By Polyurethane, 2024-2032 (In $ Million)
Figure 7: Global Wood Coatings Market, By Acrylic, 2024-2032 (In $ Million)
Figure 8: Global Wood Coatings Market, By Other Resin Types, 2024-2032 (In $ Million)
Figure 9: Global Wood Coatings Market, By Technology, 2023 & 2032 (In %)
Figure 10: Global Wood Coatings Market, By Uv-cured, 2024-2032 (In $ Million)
Figure 11: Global Wood Coatings Market, By Water-borne, 2024-2032 (In $ Million)
Figure 12: Global Wood Coatings Market, By Powder Coatings, 2024-2032 (In $ Million)
Figure 13: Global Wood Coatings Market, By Solvent-borne, 2024-2032 (In $ Million)
Figure 14: Global Wood Coatings Market, By Application, 2023 & 2032 (In %)
Figure 15: Global Wood Coatings Market, By Doors And Window, 2024-2032 (In $ Million)
Figure 16: Global Wood Coatings Market, By Furniture And Fixture, 2024-2032 (In $ Million)
Figure 17: Global Wood Coatings Market, By Cabinet, 2024-2032 (In $ Million)
Figure 18: Global Wood Coatings Market, By Flooring, 2024-2032 (In $ Million)
Figure 19: Global Wood Coatings Market, By Deck, 2024-2032 (In $ Million)
Figure 20: Global Wood Coatings Market, By Regional Outlook, 2023 & 2032 (In %)
Figure 21: United States Wood Coatings Market 2024-2032 (In $ Million)
Figure 22: Canada Wood Coatings Market 2024-2032 (In $ Million)
Figure 23: United Kingdom Wood Coatings Market 2024-2032 (In $ Million)
Figure 24: Germany Wood Coatings Market 2024-2032 (In $ Million)
Figure 25: France Wood Coatings Market 2024-2032 (In $ Million)
Figure 26: Spain Wood Coatings Market 2024-2032 (In $ Million)
Figure 27: Italy Wood Coatings Market 2024-2032 (In $ Million)
Figure 28: Poland Wood Coatings Market 2024-2032 (In $ Million)
Figure 29: Rest Of Europe Wood Coatings Market 2024-2032 (In $ Million)
Figure 30: China Wood Coatings Market 2024-2032 (In $ Million)
Figure 31: Japan Wood Coatings Market 2024-2032 (In $ Million)
Figure 32: India Wood Coatings Market 2024-2032 (In $ Million)
Figure 33: South Korea Wood Coatings Market 2024-2032 (In $ Million)
Figure 34: Asean Countries Wood Coatings Market 2024-2032 (In $ Million)
Figure 35: Australia & New Zealand Wood Coatings Market 2024-2032 (In $ Million)
Figure 36: Rest Of Asia-pacific Wood Coatings Market 2024-2032 (In $ Million)
Figure 37: Brazil Wood Coatings Market 2024-2032 (In $ Million)
Figure 38: Mexico Wood Coatings Market 2024-2032 (In $ Million)
Figure 39: Rest Of Latin America Wood Coatings Market 2024-2032 (In $ Million)
Figure 40: United Arab Emirates Wood Coatings Market 2024-2032 (In $ Million)
Figure 41: Saudi Arabia Wood Coatings Market 2024-2032 (In $ Million)
Figure 42: Israel Wood Coatings Market 2024-2032 (In $ Million)
Figure 43: South Africa Wood Coatings Market 2024-2032 (In $ Million)
Figure 44: Rest Of Middle East & Africa Wood Coatings Market 2024-2032 (In $ Million)

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